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Which special journals would the following transactions be recorded in if the business uses single purpose journals for Sales and Purchases? Purchase of inventory for
Which special journals would the following transactions be recorded in if the business uses single purpose journals for Sales and Purchases? Purchase of inventory for cash Purchase of equipment on account Bank loaned $ to the business Question Select one: a Cash receipts journal; Purchases journal; General journal b Cash payments journal; Purchases journal; cash receipts journal c Purchases journal; General journal; General journal d Cash payments journal; General journal; Cash receipts journal e Sales journal; Purchases journal; General journal
Which special journals would the following transactions be recorded in if the business uses single purpose journals for Sales and Purchases?
Purchase of inventory for cash
Purchase of equipment on account
Bank loaned $ to the business
Question Select one:
a
Cash receipts journal; Purchases journal; General journal
b
Cash payments journal; Purchases journal; cash receipts journal
c
Purchases journal; General journal; General journal
d
Cash payments journal; General journal; Cash receipts journal
e
Sales journal; Purchases journal; General journal
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